Desktop Metal Announces CFO Transition Plan
July 12 2022 - 4:05PM
Business Wire
Desktop Metal, Inc. (NYSE: DM) today announced that James Haley
will be transitioning from his role as Chief Financial Officer of
the Company to pursue other interests. In order to ensure a smooth
transition, Haley will remain in his current role through the
earlier of December 31, 2022 or the date a new CFO begins
employment, and he will serve in an advisory role for a period
thereafter. Desktop Metal has retained a leading executive search
firm to assist in a thorough and thoughtful search for a
successor.
“We sincerely thank James for his invaluable contributions and
dedication to Desktop Metal,” said Ric Fulop, Founder and CEO of
Desktop Metal. “James helped navigate Desktop Metal’s first years
as a public company and played a key role in creating a
high-performance finance organization. We are fortunate to have
benefited from his talents and are appreciative he will be staying
on to assist with the transition.”
“It's been an honor to be a part of Desktop Metal’s team and I’m
proud of what we’ve accomplished in a period of rapid growth,” said
James Haley, CFO of Desktop Metal. “The Company has never been
stronger and given our tremendous portfolio, momentum of the
business and strong financial position, now felt like the right
time to transition to the next chapter in my personal and
professional life. I want to express my respect and appreciation
for the many talented individuals I’m grateful to have worked with
throughout the Company and finance organization. I’m fully
committed to working with Ric, the rest of the leadership team, and
the Board to ensure a seamless transition and to support Desktop
Metal.”
About Desktop Metal
Desktop Metal, Inc., based in Burlington, Massachusetts, is
accelerating the transformation of manufacturing with an expansive
portfolio of 3D printing solutions, from rapid prototyping to mass
production. Founded in 2015 by leaders in advanced manufacturing,
metallurgy, and robotics, the company is addressing the unmet
challenges of speed, cost, and quality to make additive
manufacturing an essential tool for engineers and manufacturers
around the world. Desktop Metal was selected as one of the world’s
30 most promising Technology Pioneers by the World Economic Forum,
named to MIT Technology Review’s list of 50 Smartest Companies, and
the 2021 winner of Fast Company’s Innovation by Design Award in
materials.
For more information, visit www.desktopmetal.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220712006081/en/
Investor Relations Jay Gentzkow (781) 730-2110
jaygentzkow@desktopmetal.com
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